1 / The bank balance disclosed the account to the banana company on October 31 of the current year was $ 12,500, and when the companys accountant prepared the cash settlement, it was determined that there were three checks issued by the company to its suppliers with a total of $ 1,500, deposited by the company on October 31 that did not appear in the account statement, as the account statement showed bank expenses $ 150, but it was not recorded in the company's records.

Required: Prepare a cash settlement to determine the correct cash balance, which must be reflected in the companys general ledger on October 31

2/

The Eagle Company sells mobile phones for the past five years, and the best-selling model is the phone model E-, as costs are rapidly declining recently (although the selling prices for the company's customers are stable), and the following information relates to the stock of Mobile E for the month of August of the year Present:

number of units First period inventory 3,600 unit cost $ 40 Purchases #1 2,400 unit cost $ 36 Sales #1 (1500) Purchases #2 3000 unit cost $ 28 Sales # 2 (3,500)

A total of 4000

Required: 1- If the Eagle Company used the first-in-first-out method under the periodic inventory system, what is the cost of the stock at the end of August? 2- If the Eagle Company used the weighted average method to determine the cost under the periodic inventory system, what is the cost of goods sold in August? 3- If the company uses the weighted average method under the continuous inventory system, what is the cost of the month-end inventory in August?